Skip to content

LUMIN820: what changed

Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.

What changed

LUMIN820

BE 0544.570.767
NACE 74.201, Photography, excluding press photography
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€22,289
2023 · €25,760-€3,471
Equity
€107,069
2023 · €84,780+€22,289
Cash
€5,913
2023 · €6,819-€906
Balance sheet total
€125,737
2023 · €112,379+€13,357

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€19,143

    up €19,143 (+20.8%), from €91,894 to €111,037

    of which Other amounts receivable: +€13,363

  • Intangible fixed assets -€4,000

    down €4,000 (-33.3%), from €12,000 to €8,000

  • Tangible fixed assets -€1,667

    down €1,667 (-100.0%), from €1,667 to €0

Equity and liabilities
  • Reserves +€22,289

    up €22,289 (+33.7%), from €66,180 to €88,469

  • Tax, wage and social debts -€10,809

    down €10,809 (-42.9%), from €25,217 to €14,407

  • Current portion of long-term debt +€2,209

    new in 2024: €2,209

Income statement
  • Gross operating margin -€4,185

    down €4,185 (-10.4%), from €40,344 to €36,159

  • Financial income +€1,797

    up €1,797 (+54.9%), from €3,274 to €5,070

  • Financial charges +€1,737

    up €1,737 (+125.2%), from €1,388 to €3,125

  • Other operating charges -€780

    down €780 (-31.5%), from €2,479 to €1,698

From the 2023 result to the 2024 result

effect on the result

Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.

Result 2023 €25,760
Gross operating margin -€4,185
Depreciation +€0
Other operating charges +€780
Financial income +€1,797
Financial charges -€1,737
Taxes -€125
Result 2024 €22,289

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€3,115
Investment €0
Financing +€2,209
Cash 2023 €6,819
Net result for the year +€22,289
Depreciation +€5,667
Receivables within one year -€19,143
Deferred charges and accrued income -€787
Trade debts -€332
Tax, wage and social debts -€10,809
Current portion of long-term debt +€2,209
Cash 2024 €5,913
Every line side by side 35 lines
Line Code 2023 2024 Change %
Total assets 20/58 €112,379 €125,737 +€13,357 +11.9%
Fixed assets 21/28 €13,667 €8,000 -€5,667 -41.5%
Intangible fixed assets 21 €12,000 €8,000 -€4,000 -33.3%
Tangible fixed assets 22/27 €1,667 €0 -€1,667 -100.0%
Furniture and vehicles 24 €1,667 €0 -€1,667 -100.0%
Current assets 29/58 €98,713 €117,737 +€19,024 +19.3%
Amounts receivable within one year 40/41 €91,894 €111,037 +€19,143 +20.8%
Trade receivables 40 - €5,780 +€5,780
Other amounts receivable 41 €91,894 €105,256 +€13,363 +14.5%
Cash at bank and in hand 54/58 €6,819 €5,913 -€906 -13.3%
Deferred charges and accrued income 490/1 - €787 +€787
Total equity and liabilities 10/49 €112,379 €125,737 +€13,357 +11.9%
Equity 10/15 €84,780 €107,069 +€22,289 +26.3%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €66,180 €88,469 +€22,289 +33.7%
Distributable reserves 133 €66,180 €88,469 +€22,289 +33.7%
Amounts payable 17/49 €27,600 €18,668 -€8,932 -32.4%
Amounts payable within one year 42/48 €27,600 €18,668 -€8,932 -32.4%
Current portion of amounts payable after more than one year 42 - €2,209 +€2,209
Trade debts 44 €2,383 €2,051 -€332 -13.9%
Suppliers 440/4 €2,383 €2,051 -€332 -13.9%
Taxes, remuneration and social security 45 €25,217 €14,407 -€10,809 -42.9%
Taxes 450/3 €25,217 €14,407 -€10,809 -42.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,667 €5,667 -€0 0.0%
Other operating charges 640/8 €2,479 €1,698 -€780 -31.5%
Gross operating margin 9900 €40,344 €36,159 -€4,185 -10.4%
Operating profit (loss) 9901 €32,199 €28,794 -€3,405 -10.6%
Financial income 75/76B €3,274 €5,070 +€1,797 +54.9%
Recurring financial income 75 €3,274 €5,070 +€1,797 +54.9%
Financial charges 65/66B €1,388 €3,125 +€1,737 +125.2%
Recurring financial charges 65 €1,388 €3,125 +€1,737 +125.2%
Profit (loss) for the period before taxes 9903 €34,085 €30,739 -€3,345 -9.8%
Income taxes 67/77 €8,325 €8,450 +€125 +1.5%
Profit (loss) for the period 9904 €25,760 €22,289 -€3,471 -13.5%
Profit (loss) for the period to be appropriated 9905 €25,760 €22,289 -€3,471 -13.5%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.